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Natural Gas and Oil Forecast: 8.6M Barrel Draw, Hormuz Risk, Can WTI Break $98.23?
Source: fxempire.com
Energy Markets & PricesCommodities & Raw MaterialsCommodity FuturesGeopolitics & War
An 8.6 million-barrel EIA crude draw and tensions around the Strait of Hormuz are cited as support for WTI above $95.19, with $98.23 identified as a key breakout level. The forecast also points to natural gas testing $3.16.
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